Venus 217, Knowsley

Investment

Venus 217, Knowsley

Property description

  • B8RE advised the client on the redevelopment options for their site, providing detailed input on the suitable specification and layout.
  • B8RE’s occupational team secured an occupational lease to Amazon, and we were subsequently appointed on the investment sale.
  • An extensive marketing campaign was undertaken and following a competitive bidding situation, B8RE were able to negotiate a strong price to an overseas investor.
  • This deal demonstrates how our investment and agency teams work in tandem when creating business plans for clients.

Location

Venus 217, Knowsley, L33 7XL

Client
Flintrock
Date
October 2021
Rent
£1,295,702 (£5.95)
Size
217,765 sq ft (20,231 sq m)
Tenancy
Let to Amazon UK Services Limited for a term of 10 years subject to a break on the 5th anniversary.
Type
Industrial Investment Sale
Value
£29,600,000